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Re: Stock Prophet post# 6138

Friday, 12/22/2017 3:34:32 PM

Friday, December 22, 2017 3:34:32 PM

Post# of 6407
Yes, and other companies are getting interested now in cellulosic ethanol. I noticed even the car producer GM has invested in a cellulosic ethanol company to get into the gasoline industry.

Unfortunately, the other cellulosic producers apply a process based on enzymes to get the sucrose out of cellulosic raw materials, and they are mostly struggling with the economics of their processes. The Bluefire Arkenol process uses concentrated acid to extract sucrose( which is then converted in ethanol), and from their Pilot Plant work in Japan, seems to have a better process. So, it is important that some company to invest in the Fulton plant that Bluefire has committments from a Chinese bank for 90% of the needed funding. That remaining 10% funding is all that is needed to begin the building of that plant in MS.

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